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Zambian President Sata Dies in London Aged 77
Zambian President Sata Dies in London Aged 77 Zambia >> 10/29/2014 - Zambian President Michael Sata has died in London, where he had been receiving treatment for an undisclosed illness, a government source in Africa's second-largest copper producer said. The private Mu...
Zambia's Scott Becomes Africa's First White Leader in 20 Years
Zambia's Scott Becomes Africa's First White Leader in 20 Years Zambia >> 10/29/2014 - Zambia's Guy Scott became Africa's first white head of state in 20 years after the president, "King Cobra" Michael Sata, died in a London hospital aged 77. Scott, a Cambridge-educated economist born i...
Key Operational Statistics for CNOOC Limited of Q3 2014
China >> 10/29/2014 - CNOOC Limited through its key operational statistics for the third quarter of 2014. ...
Bumi Armada Appoints Two Directors To its Board
Malaysia >> 10/28/2014 - Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad, announces the following appointments to its Board of Directors:

a) The appointment of Mr Shapoorji Pal...
Extraordinary General Shareholders Meeting of Lukoil
Russia >> 10/27/2014 - A Board of Directors meeting of OAO LUKOIL was held to set the date of the 2014 Extraordinary General Shareholder Meeting. ...
New Total boss Must Overhaul Exploration Strategy & Pursue Cost Cuts
France >> 10/21/2014 - The sudden death of Total's top executive may make it even trickier for the French oil major to overhaul its expensive exploration strategy while simultaneously cutting costs to please shareholders as...
RSM Provides Update on Logbaba Gas Project
Cameroon >> 10/20/2014 - The Company announces that Akintola Williams Deloitte, Nigeria (“Deloitte”), a member firm of Deloitte Touche Tohmatsu Limited, has finished its fieldwork and issued a draft report relating to develop...
FAR Strengthens Cash Position with $46.7m Capital Raising
Senegal >> 10/20/2014 - FAR Ltd has completed a placement to institutional and sophisticated investors to raise $46.7 million before expenses by issuing 424,961,685 shares. The capital raising follows the significant oil dis...
Pamela J. Huggins Retires from Parker as VP &Treasurer
United States >> 10/17/2014 - Parker Hannifin Corporation, the global leader in motion and control technologies, announced that Pamela J. Huggins, Vice President and Treasurer will retire effective December 31, 2014, after 31 year...
Oil Rises above $87 as Investors Say Market Oversold
Egypt >> 10/17/2014 - Brent crude rose more than a dollar to above $87 a barrel on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold in the short term.

Oil h...
Sirius Provides Further Funding Update
Nigeria >> 10/16/2014 - Sirius Petroleum, the Company focused on oil and gas development and production opportunities in Nigeria, announced previously that it has provisionally raised approximately $20,000,000 by way of a pl...
Oil Tax Revenues Slide in 1H of 2014
Algeria >> 10/15/2014 - The revenues from oil taxes stood at 1,870 billion DA, equaling $23.5 billion during the first half of 2014, sliding 10% in comparison with the same period of 2013 (DZD2,086 billion), according to a r...
Oil Slide Puts Venezuela Projects under Pressure
Venezuela >> 10/15/2014 - The recent slide in global oil prices puts projects under heavy pressure, executives at two major production companies told an industry conference in Venezuela. ...
Gazprom Looks at Possible Cooperation with Major Chinese Bank ICBC
Russia >> 10/14/2014 - The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Jiang Jianqing, Chairman of the Board of Directors, Executive Director of In...
Pacific Applies to Delist its Brazilian Receipts
Brazil >> 10/10/2014 - Pacific Rubiales Energy Corp. through its Board of Directors has resolved to submit, subject to prior approval from the Brazilian Securities Commission ("CVM") and the Brazilian Stock Exchange (BM&FBO...
Conoco Files for ICC Arbitration against PDVSA
Venezuela >> 10/10/2014 - ConocoPhillips has filed for arbitration at the International Chamber of Commerce against Venezuela's state oil company PDVSA for compensation related to the termination of its partnership contract af...
Oil Market Highlights - October 14
Austria >> 10/10/2014 - Crude Oil Price Movements
The OPEC Reference Basket fell $4.77 to stand at $95.98/b in September, as sluggish demand and ample supply continue to weight on the oil market. Nymex WTI slipp...
Balance of Supply and Demand - October 14
Austria >> 10/10/2014 - Demand for OPEC crude in 2014 remained unchanged from the previous report to stand at 29.5 mb/d, which is 0.8 mb/d lower than the 2013 level. Demand for OPEC crude in 2015 was also unchanged to aver...
Venezuela Ordered to Pay Exxon $1.6b for Nationalization
Venezuela >> 10/9/2014 - A World Bank arbitration tribunal ordered Venezuela to pay Exxon Mobil Corp around $1.6 billion to compensate for the 2007 nationalization of its oil projects in the country. ...
Mexico’s Alemans to Invest in Oceanografia to Get Control
United States >> 10/9/2014 - Mexico’s Aleman family, owner of the airline Interjet, said it reached agreement to make a capital injection into bankrupt oil-services provider Oceanografia SA to obtain a controlling stake. ...

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